Well if you think your broker hid something from you….well you are partially hide! Also when your broker did not tell you that dealing in derivatives will lead to a quick death…well that is also partially true! The problem is Death Derivatives are something new – and both the above statements are not true for […]
No this is not an article of whether you should buy life insurance from a bank or from an agent…it is just leading to an article on MoneyLife. Agents tell me ‘we cannot sell a wrong product to the customer, because we have to go to the same guy again and again, but bank managers […]
Long ago when I asked the mutual fund regulator’s office why there were no Mergers and Acquisitions happening in the mutual fund industry he said ‘because it is easy to get a new license’. Chuckle Chuckle. Now 3 companies Indiainfoline, Union Bank of India with KBC Asset Management and India Bulls have all got the […]
Amazing how Sebi even under Mr. Sinha is trying to increase costs for the Mutual fund industry’s investor… there is no doubt that the mutual fund industry is suffering from the after effects of Mr. Bhave and Don Quixote. However when Mr. Sinha came the industry was (perhaps) hoping for some relief. Well what has […]
Goldman Sachs recently invested Rs. 500 million in Facebook – implying a valuation of US $ 50 Billion! Now this can mean many things – let us speculate! 1. Goldman Sachs (GS) genuinely believes that FB has a valuation of $ 50 billion. 2. There is a FB IPO in the offing and GS has […]
Well this note is about Michael Lewis (of Liars Poker fame)…he can write very well for sure Here he is writing about Greek bonds in Vanity Fair…and the article is hilarious. If you think Indian government is inefficient, you will see the Greek government is almost a joke. To call the Greek economy a third […]
Most salesmen are able to sell products at prices they decide because investors do not ask them the right questions. These questions will help you keep pesky guys off: 1. Can I sell it when I want to: I love long term investing, but it also feels good to know that almost 100% of my […]